NEW YORK – Lululemon Athletica Inc. is facing yet another class action proceeding in the United States.
Like the others, the most recent filing against the Vancouver-based retailer of high-end activewear alleges disclosure shortcomings related to the controversial recall of the company’s Luon yoga pants.
The suit was filed by Morgan & Morgan in the U.S. District Court for the Southern District of New York on behalf of investors who bought Lululemon stock between March 21 and June 10.
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